State-owned IFCI sells National Stock Exchange stake for $113m

Photo: Reuters

State-owned development finance institution IFCI Ltd has raised ₹805.6 crore by selling its stake in the National Stock Exchange of India Ltd (NSE), the company said in a stock exchange filing on Tuesday.

On 2 December, IFCI informed the stock exchanges that it has received bids for its entire 2.44% stake in the NSE.

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